According to the website of Singapore Lianhe Zaobao on the 11th, International Monetary Fund (IMF) lowered its global economic growth forecast for 2023 on the 11th, and believed that the worst time has not come yet and the situation may deteriorate significantly next year.
According to Reuters , the IMF lowered the global GDP growth to 2.7% next year from 2.9% earlier, but the economic growth forecast this year remains unchanged, still at 3.2%.
IMF Headquarters Building ( Xinhua News Agency )
IMF quoted the latest World Economic Outlook forecast that one-third of the world's economy may fall into shrinkage next year.
reported that the IMF lowered Asia's forecast economic growth rate in 2022 to 4.4%, and its forecast in July was 4.6%.
report pointed out that the IMF lowered its forecast for Asian economic growth because the rising inflation rate forced many central banks to tighten their monetary policy, while exports were facing the impact of the economic slowdown in the United States and other countries.
Source: Reference Message Network
